CREDIT CARD CRISIS - Next shoe to drop?
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CREDIT CARD CRISIS - Next shoe to drop?
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Not surprising. I have had had a couple of issues lately that are pointing in that direction. One was with an unauthorized charge on my debit card for $214 that even after a 12 page fax proving it wasn't mine my bank decided to leave on there. The second comes from one of my credit card companies that has started charging a $15 per month fee for "customer service and printing the bill". Ridiculous. -
Watch the documentry "Maxed Out" and you will have a good idea as to why they will be hit hard. It's their own fault, so I don't feel sorry at all for them but it will likely hit anything online aswell.In November, you can vote for America's next president or its first dictator.Comment
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Damn. Part of a downward spiral. I'm afraid the end effect of all the bailout mania is to flood the economy with cheap dollars. Inflation and slow or negative growth.Comment

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